1. Bitcoin Pledge Agreement Babylon disclosed that on December 15, during the Cap-3 mainnet pledge period, an anonymous pledger pledged 10,000 bitcoins through three transactions, with a value of more than $1 billion. Earlier on December 17, Babylon announced on X that the Cap-3 mainnet pledge had ended, with the pledged BTC value exceeding $6 billion.
2. Reuters quoted two domestic informants as saying that the Chinese government has agreed to issue special treasury bonds with a total scale of 3 trillion yuan next year. 1 trillion yuan is said to be used to supplement the capital of state-owned banks, and more than half of the other 2 trillion yuan will be invested in "two heavy" and "two new". To explain the ranking, the two heavy refers to the implementation of major strategies and the construction of security capabilities in key areas, and the two new refers to large-scale equipment renewal and the replacement of old consumer goods with new ones!
3. Matrixport: Ethereum ETF funds have continued to flow in recently, and the opportunity to re-enter the market may be coming!
4. The Bank of Korea plans to further cut interest rates next year to cope with higher downside risks!
5. According to data from Vetle Lunde, head of research at K33, based on data from the past three cycles of Bitcoin, the average duration of Bitcoin from the first to the last all-time high in each cycle is 318 days. With Bitcoin hitting its first all-time high on March 5 of the current cycle, if the average duration of previous cycles repeats, investors may see the cryptocurrency reach a new peak in this cycle on January 17, 2025.
